Chongqing Qin'an M&E (SHSE:603758) Days Payable: 95.06 (As of Mar. 2026) — Near Median

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SHSE:603758 Chongqing Qin'an M&E PLC SHSE:603758
70 GF Score
Price ¥9.48
GF Value ¥10.66
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Chongqing Qin'an M&E Days Payable?

Chongqing Qin'an M&E SHSE:603758 70 Days Payable is 95.06 as of Mar. 2026, which is 5% below its 10-year median of 100.54. GuruFocus rates SHSE:603758 with a GF Score™ of 70/100 and a GF Value™ of ¥10.66 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,306 Vehicles & Parts companies, Chongqing Qin'an M&E ranks better than 64.85% on this metric.

Chongqing Qin'an M&E's average Accounts Payable for the three months ended in Mar. 2026 was ¥299 Mil. Chongqing Qin'an M&E's Cost of Goods Sold for the three months ended in Mar. 2026 was ¥287 Mil. Hence, Chongqing Qin'an M&E's Days Payable for the three months ended in Mar. 2026 was 95.06.

The historical rank and industry rank for Chongqing Qin'an M&E's Days Payable or its related term are showing as below:

SHSE:603758' s Days Payable Range Over the Past 10 Years
Min: 64.54   Med: 100.54   Max: 152.29
Current: 90.54

During the past 13 years, Chongqing Qin'an M&E's highest Days Payable was 152.29. The lowest was 64.54. And the median was 100.54.

SHSE:603758's Days Payable is ranked better than
64.85% of 1306 companies
in the Vehicles & Parts industry
Industry Median: 67.14 vs SHSE:603758: 90.54

Chongqing Qin'an M&E's Days Payable declined from Mar. 2025 (108.60) to Mar. 2026 (95.06). It may suggest that Chongqing Qin'an M&E accelerated paying its suppliers.


Chongqing Qin'an M&E Days Payable Historical Data

* Premium members only.

The historical data trend for Chongqing Qin'an M&E's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Chongqing Qin'an M&E Days Payable Chart

Chongqing Qin'an M&E Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 101.74 152.29 139.65 113.97 101.84

Chongqing Qin'an M&E Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 108.60 81.72 99.16 89.70 95.06

SHSE:603758 vs ORLY, AZO: Days Payable Comparison

For the Auto Parts subindustry, Chongqing Qin'an M&E's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Chongqing Qin'an M&E Days Payable vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Chongqing Qin'an M&E's Days Payable distribution charts can be found below:

* The bar in red indicates where Chongqing Qin'an M&E's Days Payable falls into.


SHSE:603758
70GF Score
Chongqing Qin'an M&E PLC SHSE:603758
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Chongqing Qin'an M&E Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Chongqing Qin'an M&E's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (283.086 + 315.642) / 2 ) / 1072.885*365
=299.364 / 1072.885*365
=101.84

Chongqing Qin'an M&E's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (315.642 + 282.229) / 2 ) / 286.951*365 / 4
=298.9355 / 286.951*365 / 4
=95.06

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 95.06 mean?
Chongqing Qin'an M&E (SHSE:603758) has a Days Payable of 95.06 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Chongqing Qin'an M&E and its competitors. This is near median its historical median of 100.54. Over the past decade, Chongqing Qin'an M&E's Days Payable has ranged from 64.54 to 152.29. According to the industry distribution chart, Chongqing Qin'an M&E ranks #459 out of 1306 companies in the Vehicles & Parts industry, placing it in the top 35.1%.
Is Chongqing Qin'an M&E's Days Payable too high?
Chongqing Qin'an M&E's current Days Payable of 95.06 is near median its 10-year median of 100.54. Over the past 10 years, this metric has ranged from a low of 64.54 to a high of 152.29. The Vehicles & Parts industry median Days Payable is 67.14. Chongqing Qin'an M&E's value of 95.06 is 41.6% above this industry median. Based on the distribution chart, Chongqing Qin'an M&E ranks #459 out of 1306 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Chongqing Qin'an M&E has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Chongqing Qin'an M&E's Days Payable compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Chongqing Qin'an M&E ranks #459 out of 1306 companies for Days Payable. This puts Chongqing Qin'an M&E in the upper half of its industry. The industry median Days Payable is 67.14. Chongqing Qin'an M&E's value of 95.06 is 41.6% above this benchmark. Historically, Chongqing Qin'an M&E's own Days Payable has ranged from 64.54 to 152.29 over the past decade. While the company's 10-year median is 100.54 vs. the industry median of 67.14, Chongqing Qin'an M&E has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Vehicles & Parts company?
The median Days Payable among Vehicles & Parts companies is 67.14, based on 1,306 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Chongqing Qin'an M&E's current Days Payable of 95.06 is 41.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Chongqing Qin'an M&E and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chongqing Qin'an M&E's current Days Payable is 95.06, which is near median its own 10-year median of 100.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chongqing Qin'an M&E stock overvalued right now?
Based on GuruFocus' analysis, Chongqing Qin'an M&E (SHSE:603758) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥10.66, compared to a current price of ¥9.48 — trading 11.1% below its estimated fair value. The current Days Payable is 95.06, which is near median its 10-year median of 100.54 and 41.6% above the Vehicles & Parts industry median of 67.14. Chongqing Qin'an M&E's overall GF Score™ is 70/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Chongqing Qin'an M&E (SHSE:603758), the current Days Payable is 95.06 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Chongqing Qin'an M&E (SHSE:603758) Overvalued in 2026?

Based on GuruFocus' analysis, Chongqing Qin'an M&E stock appears to be undervalued. The current stock price of ¥9.48 is trading 11.1% below its estimated GF Value™ of ¥10.66. GuruFocus considers Chongqing Qin'an M&E to be Modestly Undervalued.

Key valuation signals for SHSE:603758:

  • Days Payable: 95.06 (near median its 10-year median of 100.54)
  • GF Value™: ¥10.66 vs. price of ¥9.48 (11.1% below fair value)
  • GF Score™: 70/100 with 4 warning signs
  • Industry Position: 41.6% above the Vehicles & Parts median (#459 of 1306)

No single metric tells the full story. See the SHSE:603758 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chongqing Qin'an M&E Business Description

Address No. 701, Lanmei Road, Jiulongpo District, Chongqing, CHN, 400039
Chongqing Qin'an M&E PLC is a Chinese supplier of automotive powertrain engine key parts and transmission complicated parts. It is an integrated auto parts for casting and machining manufacturer company. The company's products range from cylinder head, cylinder block (Aluminum and Iron), crankshaft to transmission case and convert housing.
70GF Score

Get the complete analysis for SHSE:603758

Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥9.48
Price
¥10.66
GF Value